IWR vs. VALQ ETF Comparison

Comparison of iShares Russell Mid-Cap ETF (IWR) to American Century STOXX U.S. Quality Value ETF (VALQ)

IWR

iShares Russell Mid-Cap ETF

IWR Description

The investment seeks to track the investment results of an index composed of mid-capitalization U.S. equities. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of the mid-capitalization sector of the U.S. equity market. The underlying index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000Â® Index.

Grade (RS Rating)

Last Trade

$87.54

Average Daily Volume

1,156,358

Number of Holdings ^*

802

* may have additional holdings in another (foreign) market

VALQ

American Century STOXX U.S. Quality Value ETF

VALQ Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the iSTOXX® American Century USA Quality Value Index (the underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the underlying index. The underlying index is designed to select securities of large- and mid-capitalization companies that are undervalued or have sustainable income.

Grade (RS Rating)

Last Trade

$61.63

Average Daily Volume

7,651

Number of Holdings ^*

241

* may have additional holdings in another (foreign) market

Performance

Period	IWR	VALQ
30 Days	1.55%	1.60%
60 Days	7.30%	7.68%
90 Days	8.80%	9.34%
12 Months	29.79%	29.32%

167 Overlapping Holdings

Symbol	Grade	Weight in IWR	Weight in VALQ	Overlap
AIZ	A	0.09%	0.09%	0.09%
AKAM	D	0.13%	0.09%	0.09%
ALL	C	0.43%	0.09%	0.09%
ALLE	A	0.11%	0.57%	0.11%
ALLY	F	0.08%	0.07%	0.07%
ALSN	A	0.07%	0.11%	0.07%
AMCR	A	0.13%	0.35%	0.13%
AMG	C	0.05%	0.09%	0.05%
AMKR	F	0.03%	0.16%	0.03%
AN	B	0.04%	0.08%	0.04%
AOS	B	0.09%	0.09%	0.09%
APP	B	0.28%	0.12%	0.12%
ARW	C	0.06%	0.37%	0.06%
AXS	A	0.05%	0.1%	0.05%
AXTA	C	0.07%	0.09%	0.07%
AYI	A	0.07%	0.42%	0.07%
AZEK	B	0.06%	0.33%	0.06%
BBY	B	0.18%	1.23%	0.18%
BERY	C	0.07%	0.09%	0.07%
BK	C	0.46%	0.09%	0.09%
BRBR	B	0.07%	0.17%	0.07%
BWA	C	0.07%	0.09%	0.07%
BYD	C	0.04%	0.09%	0.04%
CACI	A	0.09%	0.09%	0.09%
CAG	B	0.13%	0.09%	0.09%
CAH	B	0.23%	0.76%	0.23%
CCK	A	0.09%	0.09%	0.09%
CHTR	D	0.27%	0.08%	0.08%
CLX	B	0.17%	1.53%	0.17%
CNC	F	0.34%	0.08%	0.08%
COKE	B	0.07%	0.08%	0.07%
COLM	B	0.02%	0.2%	0.02%
CPB	D	0.08%	0.08%	0.08%
CR	C	0.06%	0.16%	0.06%
CROX	C	0.07%	0.09%	0.07%
CRUS	D	0.06%	0.21%	0.06%
CSL	A	0.17%	0.09%	0.09%
CTSH	C	0.32%	0.77%	0.32%
DBX	C	0.05%	0.35%	0.05%
DCI	B	0.07%	0.59%	0.07%
DDS	D	0.01%	0.14%	0.01%
DGX	C	0.15%	0.09%	0.09%
DKS	D	0.1%	0.13%	0.1%
DLB	D	0.04%	0.09%	0.04%
DOCU	B	0.1%	0.26%	0.1%
DOX	B	0.09%	0.69%	0.09%
DPZ	D	0.12%	0.16%	0.12%
DVA	B	0.07%	0.2%	0.07%
EA	D	0.32%	0.08%	0.08%
EBAY	A	0.27%	1.96%	0.27%
EEFT	F	0.04%	0.08%	0.04%
EG	B	0.14%	0.08%	0.08%
EHC	B	0.08%	0.09%	0.08%
EME	C	0.17%	0.12%	0.12%
EPAM	F	0.09%	0.09%	0.09%
EVR	C	0.08%	0.09%	0.08%
EXEL	C	0.07%	0.1%	0.07%
EXPD	B	0.15%	0.09%	0.09%
EXPE	B	0.16%	0.11%	0.11%
FFIV	C	0.11%	0.47%	0.11%
FICO	C	0.39%	0.21%	0.21%
FIS	C	0.41%	0.09%	0.09%
FLO	C	0.04%	0.24%	0.04%
FLS	B	0.05%	0.33%	0.05%
FOXA	A	0.08%	0.09%	0.08%
G	A	0.06%	0.34%	0.06%
GAP	F	0.04%	0.14%	0.04%
GDDY	D	0.2%	0.08%	0.08%
GIS	B	0.36%	0.09%	0.09%
GL	C	0.08%	0.11%	0.08%
GPC	D	0.16%	1.08%	0.16%
GWW	A	0.39%	0.29%	0.29%
HIG	A	0.29%	0.09%	0.09%
HPE	C	0.21%	0.09%	0.09%
HPQ	C	0.29%	1.76%	0.29%
HRB	C	0.08%	0.59%	0.08%
HUBB	A	0.2%	0.41%	0.2%
IDXX	D	0.36%	0.16%	0.16%
INCY	B	0.09%	0.09%	0.09%
INFA	D	0.01%	0.09%	0.01%
INGR	A	0.08%	1.81%	0.08%
IQV	F	0.37%	0.08%	0.08%
IVZ	C	0.05%	0.65%	0.05%
JAZZ	F	0.06%	0.08%	0.06%
JBL	D	0.11%	0.28%	0.11%
JEF	B	0.09%	0.16%	0.09%
JKHY	A	0.11%	0.09%	0.09%
JLL	B	0.11%	1.53%	0.11%
K	B	0.18%	0.08%	0.08%
KEYS	C	0.23%	0.09%	0.09%
KR	B	0.32%	0.21%	0.21%
L	D	0.12%	0.08%	0.08%
LAMR	C	0.1%	0.18%	0.1%
LDOS	A	0.18%	0.09%	0.09%
LECO	F	0.09%	0.82%	0.09%
LEN	B	0.37%	0.18%	0.18%
LEN	B	0.02%	0.18%	0.02%
LFUS	C	0.05%	0.15%	0.05%
LYB	D	0.21%	1.35%	0.21%
MANH	C	0.15%	0.09%	0.09%
MAS	A	0.16%	1.29%	0.16%
MAT	C	0.06%	0.08%	0.06%
MEDP	F	0.08%	0.07%	0.07%
MHK	B	0.07%	0.08%	0.07%
MSM	D	0.03%	0.09%	0.03%
MTD	B	0.25%	1.07%	0.25%
MTG	B	0.06%	0.43%	0.06%
NEU	F	0.03%	0.24%	0.03%
NTAP	D	0.22%	0.44%	0.22%
NTRS	C	0.16%	0.09%	0.09%
NVR	A	0.23%	0.09%	0.09%
NVT	D	0.1%	0.66%	0.1%
NXST	D	0.05%	0.08%	0.05%
NYT	B	0.07%	0.54%	0.07%
OC	B	0.13%	1.04%	0.13%
OMC	A	0.17%	0.09%	0.09%
OMF	D	0.05%	0.08%	0.05%
ORI	A	0.08%	0.18%	0.08%
OTIS	A	0.33%	1.09%	0.33%
PARA	F	0.05%	0.08%	0.05%
PEGA	C	0.03%	0.1%	0.03%
PHM	A	0.25%	0.09%	0.09%
PKG	A	0.16%	0.09%	0.09%
POST	B	0.05%	0.09%	0.05%
PPG	D	0.25%	0.17%	0.17%
PVH	F	0.05%	0.08%	0.05%
QRVO	F	0.08%	0.08%	0.08%
REYN	C	0.02%	0.51%	0.02%
RGA	C	0.12%	0.09%	0.09%
RHI	D	0.06%	0.09%	0.06%
RL	B	0.06%	0.1%	0.06%
RMD	C	0.31%	0.09%	0.09%
ROST	C	0.44%	0.17%	0.17%
SAIC	B	0.06%	0.09%	0.06%
SEIC	B	0.06%	0.65%	0.06%
SKX	C	0.07%	0.08%	0.07%
SNA	B	0.13%	0.09%	0.09%
SPG	A	0.46%	1.67%	0.46%
SSNC	C	0.14%	0.09%	0.09%
STLD	C	0.15%	0.09%	0.09%
STT	C	0.23%	0.09%	0.09%
SWK	A	0.14%	0.09%	0.09%
SWKS	F	0.13%	0.11%	0.11%
SYF	C	0.17%	0.09%	0.09%
SYY	B	0.32%	0.16%	0.16%
TAP	D	0.08%	0.09%	0.08%
TER	D	0.17%	0.09%	0.09%
THC	C	0.13%	0.1%	0.1%
TKR	B	0.05%	0.08%	0.05%
TOL	A	0.13%	1.06%	0.13%
TPR	B	0.08%	0.76%	0.08%
TRMB	B	0.12%	0.09%	0.09%
TROW	D	0.2%	0.08%	0.08%
TSN	D	0.15%	0.08%	0.08%
TWLO	C	0.09%	0.09%	0.09%
TXRH	B	0.1%	0.09%	0.09%
TXT	D	0.14%	0.08%	0.08%
UHS	D	0.12%	0.23%	0.12%
UNM	A	0.07%	0.09%	0.07%
USFD	C	0.12%	0.09%	0.09%
UTHR	B	0.13%	0.13%	0.13%
VLTO	C	0.23%	1.7%	0.23%
VMI	B	0.05%	0.08%	0.05%
VRSN	C	0.13%	0.09%	0.09%
WING	B	0.11%	0.17%	0.11%
WSM	C	0.16%	0.34%	0.16%
ZM	B	0.15%	0.32%	0.15%

IWR Overweight 635 Positions Relative to VALQ

Symbol	Grade	Weight
PLTR	C	0.64%
AFL	A	0.52%
AJG	D	0.51%
DHI	B	0.49%
OKE	C	0.47%
WMB	A	0.47%
HLT	B	0.47%
O	A	0.46%
URI	B	0.45%
DLR	C	0.44%
CCI	A	0.43%
TTD	C	0.42%
AMP	A	0.4%
KVUE	C	0.38%
LHX	A	0.38%
PAYX	A	0.37%
PCG	B	0.37%
PEG	A	0.37%
PRU	C	0.37%
LNG	D	0.36%
MPWR	C	0.36%
CMI	B	0.36%
KMI	A	0.36%
PWR	B	0.36%
MSCI	B	0.36%
EXC	A	0.35%
CTVA	B	0.35%
FAST	C	0.35%
ACGL	A	0.35%
MCHP	F	0.35%
A	B	0.35%
RCL	C	0.35%
IR	B	0.34%
HWM	A	0.34%
AME	D	0.34%
FERG	F	0.34%
GEHC	B	0.34%
COR	F	0.33%
ODFL	D	0.33%
IT	C	0.33%
EFX	D	0.32%
VST	A	0.32%
CBRE	A	0.32%
HUM	F	0.32%
SQ	D	0.32%
HES	D	0.32%
VRSK	D	0.32%
EXR	C	0.32%
XEL	A	0.31%
DFS	C	0.31%
ED	A	0.31%
BKR	B	0.31%
DOW	B	0.31%
YUM	B	0.31%
VICI	C	0.3%
ALNY	B	0.3%
DD	B	0.3%
NUE	D	0.3%
VMC	D	0.29%
MLM	D	0.29%
IRM	B	0.29%
TRGP	C	0.29%
COIN	F	0.29%
VRT	B	0.29%
GLW	C	0.29%
DDOG	D	0.29%
FANG	F	0.28%
XYL	B	0.28%
EIX	A	0.28%
AVB	C	0.28%
CSGP	F	0.27%
WAB	A	0.27%
VEEV	C	0.27%
ON	F	0.26%
MTB	C	0.26%
WEC	A	0.26%
ROK	D	0.26%
DAL	B	0.26%
CDW	D	0.26%
NDAQ	C	0.26%
ARES	B	0.25%
AWK	C	0.25%
EQR	C	0.25%
BIIB	F	0.25%
ADM	D	0.25%
WTW	A	0.25%
FITB	C	0.25%
TSCO	A	0.25%
ETR	A	0.24%
ANSS	D	0.24%
DXCM	F	0.24%
AXON	A	0.24%
GPN	F	0.24%
CPNG	C	0.24%
HSY	D	0.24%
GRMN	D	0.23%
FTV	B	0.23%
VTR	B	0.22%
CHD	B	0.22%
FE	A	0.22%
FSLR	C	0.22%
TTWO	F	0.22%
DVN	F	0.22%
SBAC	B	0.22%
HUBS	D	0.22%
DTE	A	0.22%
DOV	C	0.22%
HAL	F	0.22%
IFF	C	0.22%
PPL	A	0.21%
BRO	A	0.21%
WY	B	0.21%
BR	B	0.21%
TYL	C	0.21%
SW	B	0.21%
NET	D	0.21%
AEE	A	0.2%
DECK	C	0.2%
STE	D	0.2%
RBLX	C	0.2%
FCNCA	D	0.2%
ES	A	0.2%
RJF	B	0.2%
BLDR	B	0.2%
COO	C	0.19%
ZBH	F	0.19%
WDC	C	0.19%
CBOE	B	0.19%
INVH	D	0.19%
WST	D	0.19%
SMCI	F	0.19%
MSTR	C	0.19%
MOH	D	0.18%
EQT	C	0.18%
ATO	A	0.18%
CINF	A	0.18%
CMS	A	0.18%
MKC	B	0.18%
ILMN	C	0.18%
PTC	D	0.18%
CPAY	A	0.18%
ARE	D	0.18%
RF	C	0.18%
HBAN	C	0.18%
ULTA	D	0.17%
ESS	C	0.17%
BAX	D	0.17%
LII	C	0.17%
MDB	D	0.17%
PFG	C	0.17%
WAT	B	0.17%
TDY	B	0.17%
WBD	D	0.17%
MKL	B	0.17%
DRI	C	0.17%
BAH	A	0.17%
BALL	B	0.17%
TRU	C	0.17%
NRG	A	0.16%
PINS	D	0.16%
AVTR	D	0.16%
J	D	0.16%
HOLX	D	0.16%
LH	D	0.16%
ZBRA	C	0.16%
CFG	D	0.16%
CVNA	A	0.16%
DG	F	0.16%
MAA	C	0.16%
CCL	C	0.16%
ALGN	D	0.16%
APTV	D	0.16%
AVY	B	0.15%
WSO	B	0.15%
UAL	B	0.15%
BURL	D	0.15%
SUI	C	0.15%
LUV	C	0.15%
CTRA	D	0.15%
TPL	B	0.15%
DKNG	D	0.15%
FDS	C	0.15%
CNP	B	0.15%
ZS	F	0.14%
IEX	D	0.14%
KEY	C	0.14%
FWONK	D	0.14%
RS	D	0.14%
LPLA	D	0.14%
LYV	A	0.14%
PODD	C	0.14%
ENTG	D	0.14%
HEI	C	0.14%
IP	B	0.14%
WRB	B	0.14%
NTNX	D	0.13%
LVS	B	0.13%
CF	A	0.13%
UDR	C	0.13%
RVTY	C	0.13%
DT	C	0.13%
HOOD	C	0.13%
ENPH	D	0.13%
FNF	A	0.13%
NI	A	0.13%
LNT	A	0.13%
KIM	C	0.13%
DOC	B	0.13%
PSTG	F	0.13%
MRO	D	0.13%
RPM	C	0.13%
PNR	A	0.13%
AMH	D	0.12%
AES	B	0.12%
WPC	C	0.12%
RNR	A	0.12%
FIX	B	0.12%
CASY	D	0.12%
VTRS	D	0.12%
POOL	B	0.12%
EVRG	B	0.12%
ACM	B	0.12%
CE	D	0.12%
JBHT	D	0.12%
TW	A	0.12%
BG	D	0.12%
ROL	B	0.12%
IBKR	A	0.12%
GGG	B	0.12%
GWRE	A	0.12%
GEN	A	0.12%
NTRA	B	0.12%
DLTR	F	0.12%
NDSN	B	0.12%
SJM	B	0.11%
TTEK	B	0.11%
TOST	B	0.11%
CW	A	0.11%
EMN	B	0.11%
CLH	C	0.11%
FND	B	0.11%
JNPR	C	0.11%
EXAS	C	0.11%
BXP	C	0.11%
XPO	F	0.11%
BLD	C	0.11%
CPT	C	0.11%
HST	D	0.11%
EQH	C	0.11%
REG	B	0.11%
ELS	D	0.11%
BMRN	F	0.11%
GLPI	B	0.11%
RRX	C	0.1%
SCI	C	0.1%
EWBC	D	0.1%
TFX	B	0.1%
COHR	B	0.1%
SRPT	F	0.1%
SAIA	D	0.1%
HEI	C	0.1%
IPG	C	0.1%
FTI	B	0.1%
NBIX	F	0.1%
PFGC	B	0.1%
KMX	D	0.1%
ITT	B	0.1%
CUBE	C	0.1%
OKTA	F	0.1%
CHRW	A	0.1%
TECH	B	0.1%
KNSL	D	0.09%
OHI	C	0.09%
NWSA	D	0.09%
WWD	B	0.09%
ALB	D	0.09%
LNW	F	0.09%
PNW	A	0.09%
ATR	A	0.09%
AFRM	C	0.09%
CHK	C	0.09%
NLY	C	0.09%
LKQ	F	0.09%
CRL	F	0.09%
Z	C	0.09%
HII	D	0.09%
FBIN	B	0.09%
OVV	F	0.09%
WMS	D	0.09%
BJ	D	0.09%
RPRX	B	0.09%
CTLT	B	0.09%
REXR	D	0.09%
FHN	D	0.08%
FYBR	C	0.08%
DAY	C	0.08%
TTC	D	0.08%
EGP	D	0.08%
NCLH	C	0.08%
CZR	C	0.08%
PRI	A	0.08%
GPK	B	0.08%
SNX	C	0.08%
TPX	B	0.08%
PR	F	0.08%
HSIC	C	0.08%
APA	F	0.08%
MUSA	D	0.08%
HRL	F	0.08%
SF	A	0.08%
FRT	B	0.08%
MTCH	C	0.08%
BWXT	A	0.08%
LW	D	0.08%
WAL	C	0.08%
RGLD	C	0.08%
OWL	B	0.08%
MKTX	C	0.08%
CNH	C	0.08%
WTRG	D	0.08%
EXP	C	0.08%
CHDN	D	0.08%
ROKU	D	0.08%
CG	C	0.08%
TKO	C	0.08%
RIVN	F	0.08%
SOLV	D	0.08%
AFG	B	0.08%
CAVA	C	0.08%
ONTO	C	0.08%
DUOL	B	0.08%
OLED	C	0.08%
ARMK	B	0.08%
HAS	A	0.08%
PNFP	D	0.07%
FMC	B	0.07%
AGNC	C	0.07%
VOYA	A	0.07%
ATI	B	0.07%
MTZ	C	0.07%
CMA	C	0.07%
ACI	F	0.07%
GLOB	D	0.07%
AR	C	0.07%
RGEN	F	0.07%
FCN	B	0.07%
GMED	D	0.07%
ITCI	D	0.07%
APG	F	0.07%
SSD	C	0.07%
BFAM	C	0.07%
COLD	D	0.07%
WYNN	B	0.07%
KNX	C	0.07%
OGE	A	0.07%
LAD	B	0.07%
GME	D	0.07%
MOS	F	0.07%
HLI	B	0.07%
SOFI	C	0.07%
WBS	D	0.07%
CNM	F	0.07%
GNRC	B	0.07%
RBC	B	0.07%
BRX	B	0.07%
CIEN	B	0.07%
WEX	C	0.07%
KBR	D	0.07%
CHRD	F	0.07%
AA	C	0.07%
MORN	C	0.07%
CHE	B	0.07%
PAYC	D	0.07%
X	F	0.07%
MGM	D	0.07%
NNN	A	0.07%
RLI	A	0.06%
SNV	D	0.06%
RYAN	A	0.06%
STWD	C	0.06%
PB	D	0.06%
VFC	B	0.06%
FAF	B	0.06%
OSK	F	0.06%
BBWI	F	0.06%
LBRDK	C	0.06%
FRPT	C	0.06%
NOV	F	0.06%
IONS	F	0.06%
S	D	0.06%
SITE	D	0.06%
CFR	D	0.06%
MSA	D	0.06%
H	C	0.06%
VNO	B	0.06%
HR	C	0.06%
CGNX	F	0.06%
LPX	A	0.06%
SMAR	A	0.06%
GNTX	F	0.06%
WFRD	F	0.06%
ELAN	D	0.06%
ACHC	F	0.06%
ZION	D	0.06%
MTN	D	0.06%
WTFC	C	0.06%
SN	B	0.06%
BSY	D	0.06%
STAG	D	0.06%
PCTY	C	0.06%
AAON	B	0.06%
UHAL	A	0.06%
BPOP	D	0.06%
AAL	D	0.06%
PEN	D	0.06%
LSCC	D	0.06%
KEX	C	0.06%
RRC	D	0.06%
DINO	F	0.06%
CART	C	0.06%
PLNT	C	0.06%
FR	C	0.06%
WCC	C	0.06%
MKSI	F	0.06%
ADC	B	0.06%
BRKR	D	0.06%
WSC	D	0.06%
SWN	C	0.06%
CBSH	D	0.06%
VKTX	D	0.06%
TREX	D	0.06%
MIDD	D	0.06%
DTM	A	0.06%
THO	C	0.05%
ST	F	0.05%
RARE	C	0.05%
APPF	C	0.05%
XRAY	D	0.05%
VVV	D	0.05%
SON	D	0.05%
COLB	C	0.05%
FOUR	B	0.05%
WHR	C	0.05%
CIVI	F	0.05%
KD	F	0.05%
NFG	A	0.05%
CLF	D	0.05%
BILL	D	0.05%
PATH	D	0.05%
MDU	C	0.05%
LAZ	C	0.05%
BC	C	0.05%
AWI	A	0.05%
ESI	B	0.05%
RITM	D	0.05%
SRCL	B	0.05%
MTSI	C	0.05%
CELH	F	0.05%
DAR	F	0.05%
AGCO	D	0.05%
BEN	F	0.05%
ESAB	C	0.05%
ELF	F	0.05%
SIRI	C	0.05%
OLLI	C	0.05%
GXO	D	0.05%
WH	C	0.05%
MTDR	F	0.05%
GTLB	D	0.05%
LEA	F	0.05%
U	D	0.05%
R	C	0.05%
ESTC	F	0.05%
WBA	F	0.05%
INSP	C	0.05%
ETSY	F	0.05%
PCOR	D	0.05%
AZPN	C	0.05%
BIO	B	0.05%
LSTR	D	0.05%
LITE	C	0.04%
LOPE	D	0.04%
M	F	0.04%
AGO	D	0.04%
SLGN	A	0.04%
ASH	F	0.04%
WTM	D	0.04%
PII	D	0.04%
CPRI	C	0.04%
CUZ	C	0.04%
LYFT	D	0.04%
PSN	A	0.04%
OZK	F	0.04%
VNOM	B	0.04%
RYN	C	0.04%
KRC	C	0.04%
HOG	C	0.04%
SEE	B	0.04%
AVT	B	0.04%
SLM	C	0.04%
HCP	B	0.04%
AL	D	0.04%
FOX	A	0.04%
WLK	B	0.04%
W	D	0.04%
CCCS	D	0.04%
TPG	C	0.04%
LINE	F	0.04%
LNC	D	0.04%
DOCS	B	0.04%
CFLT	F	0.04%
OGN	D	0.04%
JHG	C	0.04%
ALK	B	0.04%
HXL	F	0.04%
AM	A	0.04%
FNB	D	0.04%
ROIV	D	0.04%
UGI	C	0.04%
RH	C	0.04%
IDA	B	0.04%
OLN	D	0.04%
VNT	F	0.04%
MASI	C	0.04%
FIVE	D	0.04%
THG	A	0.04%
WU	D	0.03%
CXT	F	0.03%
TNL	B	0.03%
PAG	D	0.03%
CNXC	F	0.03%
PENN	D	0.03%
ZG	C	0.03%
WEN	C	0.03%
FHB	D	0.03%
AMED	D	0.03%
LCID	D	0.03%
NWS	D	0.03%
NWL	D	0.03%
ZI	D	0.03%
SMG	B	0.03%
NVST	D	0.03%
PK	D	0.03%
NSA	C	0.03%
LBTYK	A	0.03%
APLS	F	0.03%
DNB	D	0.03%
MPW	C	0.03%
YETI	D	0.03%
LBTYA	B	0.03%
IRDM	C	0.03%
HIW	C	0.03%
COTY	F	0.03%
MAN	D	0.03%
GTES	C	0.03%
EPR	C	0.03%
PRGO	F	0.03%
KMPR	D	0.03%
HUN	B	0.03%
CHH	C	0.03%
BROS	D	0.03%
SPR	D	0.03%
MSGS	B	0.03%
DXC	D	0.03%
GFS	F	0.03%
IAC	C	0.03%
PPC	A	0.02%
MP	C	0.02%
BIRK	F	0.02%
IPGP	D	0.02%
FTRE	F	0.02%
FIVN	F	0.02%
LLYVK	A	0.02%
PINC	F	0.02%
KSS	D	0.02%
VSTS	D	0.02%
ADT	D	0.02%
QS	F	0.02%
HAYW	B	0.02%
RCM	B	0.02%
JWN	D	0.02%
HHH	B	0.02%
ENOV	F	0.02%
TXG	F	0.02%
QDEL	D	0.02%
AAP	F	0.02%
CRI	D	0.02%
CWEN	A	0.02%
BOKF	D	0.02%
RNG	F	0.02%
SAM	D	0.02%
SHC	C	0.02%
SPB	B	0.02%
AGR	C	0.02%
DV	F	0.02%
NCNO	D	0.02%
VAC	D	0.02%
VIRT	C	0.02%
RKT	B	0.02%
AZTA	F	0.02%
BHF	F	0.02%
ALGM	F	0.02%
CC	D	0.02%
CLVT	D	0.02%
CACC	F	0.02%
TDC	D	0.02%
NFE	F	0.01%
TFSL	D	0.01%
DJT	F	0.01%
LOAR	C	0.01%
SEB	D	0.01%
LLYVA	A	0.01%
AS	B	0.01%
UWMC	D	0.01%
UI	A	0.01%
WOLF	F	0.01%
LBRDA	C	0.01%
CWEN	A	0.01%
PYCR	D	0.01%
ALAB	D	0.01%
CNA	D	0.01%
SNDR	C	0.01%
CERT	F	0.01%
CAR	D	0.01%
UAA	B	0.01%
UA	B	0.01%
TRIP	F	0.01%
GO	F	0.01%
FWONA	D	0.01%
LEG	D	0.01%
SEG	D	0.0%
PARAA	D	0.0%
GRAL	F	0.0%
UHAL	A	0.0%
PLTK	C	0.0%

IWR Underweight 75 Positions Relative to VALQ

Symbol	Grade	Weight
AAPL	C	-2.66%
TEL	D	-2.56%
CMCSA	B	-2.21%
IBM	C	-2.21%
WMT	A	-2.1%
KMB	B	-2.09%
MSI	A	-2.06%
AMZN	C	-2.04%
CL	D	-1.95%
HD	A	-1.94%
KO	B	-1.93%
ABBV	A	-1.92%
CTAS	C	-1.78%
ETN	C	-1.75%
NFLX	C	-1.71%
APH	D	-1.62%
TXN	C	-1.53%
TGT	C	-1.51%
UBER	C	-1.3%
PG	C	-1.13%
ITW	B	-0.9%
SFM	A	-0.79%
PYPL	B	-0.76%
BMY	B	-0.71%
CI	C	-0.7%
CSCO	A	-0.66%
GOOGL	C	-0.58%
QCOM	D	-0.55%
MO	B	-0.52%
ECL	A	-0.47%
CBT	B	-0.43%
SHW	B	-0.33%
NOVT	D	-0.31%
MSFT	C	-0.27%
SM	F	-0.26%
TT	A	-0.25%
NSIT	C	-0.25%
QLYS	F	-0.24%
PH	B	-0.24%
MPC	F	-0.23%
CAT	A	-0.21%
ADSK	C	-0.18%
TJX	C	-0.17%
ANF	D	-0.14%
MMM	B	-0.11%
BKNG	C	-0.1%
META	A	-0.1%
LMT	A	-0.1%
GILD	A	-0.1%
TMHC	B	-0.09%
ADBE	F	-0.09%
FDX	D	-0.09%
MLI	B	-0.09%
CMC	C	-0.09%
JNJ	C	-0.09%
FTNT	C	-0.09%
AMAT	D	-0.09%
PGR	C	-0.09%
BMI	A	-0.09%
AIT	A	-0.09%
ALKS	C	-0.09%
AVGO	C	-0.09%
WTS	B	-0.09%
VLO	F	-0.08%
GM	D	-0.08%
ELV	F	-0.08%
IGT	F	-0.08%
ADTN	C	-0.08%
KBH	C	-0.08%
KLAC	D	-0.08%
FIZZ	C	-0.08%
LRCX	F	-0.08%
MMS	A	-0.08%
BRK.A	C	-0.08%
MCK	F	-0.07%